August 15, 2026 12:47 PM
Centre launches CBDC-based food subsidy transfer under PMGKAY in Chandigarh, Dadra & Nagar Haveli
The Centre on Friday launched a Central Bank Digital Currency (CBDC)-based Direct Benefit Transfer (DBT) of food subsidies under the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY) in Chandigarh and Dadra & Nagar Haveli, marking the first large-scale application of CBDC in a Central Government welfare programme. The initiative was inaugurated by Union Minister for Education, Consumer Affairs, Food and Public Distribution, and New and Renewable Energy Pralhad Joshi, along with Punjab Govern...